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3 years ago

If a seller in a competitive market chooses to charge more than the going price, then:

Business

1 answer:

attashe74 [19]3 years ago

3 0

Answer:

d. buyers will make purchases from other sellers

Explanation:

In the perfect competition structure producers have no power to change prices, as goods are homogeneous. Thus, since products are the same, if the producer raises the price, consumers will consume with other sellers.

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Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginnint i

Georgia [21]

Answer:

material A = $186,600

material B = $1,057,400

material C = $746,400

Explanation:

Mandy corporation plans to sell 640,000 units this year. They only have 98,000 in beginning inventory and they want to have 80,000 in ending inventory. That means that they will need to produce 622,000 units this year: 640,000 - (98,000 - 80,000) = 622,000

Their total materials cost for the year will be:

material A) 622,000 x 0.5 lb x $0.60 per pound = $186,600

material B) 622,000 x 1 lb x $1.70 per pound = $1,057,400

material C) 622,000 x 1.2 lb x $1 per pound = $746,400

4 0

3 years ago

Which of the following would help in the creation of a visual workplace?

SCORPION-xisa [38]

Answer:

a) Arrows painted on the floor indicating the flow of the process

Explanation:

A visual workplace is created when there are use of visual symbols to communicate and direct employees on how things are to be done.

Visual workplace has the advantage of always being available to direct employees on how to get things done.

Even when employees are working at some distance apart they can easily get directions on what to do as long as they can see the visual symbols.

For example arrows painted on the floor indicating flow process is a visual symbol that helps employee know the process flow of the operation

5 0

3 years ago

(ASAP!!!!)

KatRina [158]

1. Credit account and Store accounts

3 0

3 years ago

A firm called Can't Be Stopped, Won't Be Stopped uses process costing to determine the cost of inventory. All direct materials a

Luden [163]

Answer:

Weighted average: $117.81 conversion costs per equivalent unit

FIFO: $115.94 conversion costs per equivalent unit

Explanation:

completed 9,000

ending WIP 500 at 25%

beginning WIP 1,000 at 50%

<u>weighted average:</u>

completed units + percentage of completion ending WIP

9,000 + 500 x 25% = 9,125

cost: 75,000 + 1,000,000 = 1,075,000

conversion cost per unit:

1,075,000 / 9,125 = 117,81

completed units + percentage of completion ending WIP - begining WIP

9,000 + 500 x 25% - 1,000 x 50% = 8,625

cost of the equivalent units

1,000,000 / 8,625 = 115.94

5 0

3 years ago

Select the correct answer

Amiraneli [1.4K]

I believe the answer is A

3 0

3 years ago